Looking at the previous chart patterns and RSI indicator, I am going to be looking for a reversal around the $55.00 level.
This could be a great opportunity to get into a long term position with huge upside potential.
The RSI looks very similar now, to how it did in December of 2018 when it went into an uptrend.
TP1 $60
TP2 $70
TP3 $90
I am mostly posting this so I can look back on my theories and see how I can improve on my trading strategies. Please leave your feedback below, thank you.
This could be a great opportunity to get into a long term position with huge upside potential.
The RSI looks very similar now, to how it did in December of 2018 when it went into an uptrend.
TP1 $60
TP2 $70
TP3 $90
I am mostly posting this so I can look back on my theories and see how I can improve on my trading strategies. Please leave your feedback below, thank you.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.